DUBAI / Reuters Damac Properties is in talks with banks about a possible issue of US dollar-denominated Islamic bonds, sources familiar with the matter said on Monday. Discussions about a new issue are at an early stage, said the sources. A spokesman at Damac said: “We are continuously in talks with many bodies on funding possibilities and options. We always ...

ABU DHABI / WAM A group of key departments and institution came together in Abu Dhabi on Monday to announce the launch of Fikra Labs, described as an Acceleration Programme for Entrepreneurs. In the belief that research and development (R&D) can contribute to employment creation, national development, tourist promotion and economic growth, the concept of the Fikra Labs Acceleration Programme ...

ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, has said that the UAE enjoys solid bilateral relations with Saudi Arabia, and that the two countries are brought together by strong ties based on shared cultures, history and noble Islamic and Arab values. He went on to say that the relations between the two countries represent a ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has directed the launch of the ‘UAE Cultural Development Fund’, which will be overseen by the Ministry of Culture and Knowledge Development. The Fund’s key objectives include providing necessary funds to support cultural activity within the country ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued a range of federal decrees to ratify bilateral agreements between the UAE and several friendly countries, and the establishment of a UAE Consulate in Nigeria. His Highness Sheikh Khalifa also issued a federal decree to appoint two Emirati diplomats. The Official Gazette shall publish these decrees ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, issued Cabinet Decree No. 62 of 2017 concerning developing fees for Electronic Connectivity Project and Digital Certification Portal services provided by the Federal Authority for Identity and Citizenship. The Decree sets a fee of AED5 per transaction for ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has stated that the UAE is a leading country in the safe use of the Internet, and is always working to raise the public’s awareness, especially among young ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched on Monday the ‘Dubai Paperless Strategy’ during a visit to the Smart Dubai Office (SDO), headquarters in Dubai Design District (d3). Sheikh Hamdan was accompanied by the Secretary-General of the Executive Council of Dubai, Abdulla Al ...

Abu Dhabi / WAM The Abu Dhabi General Services Company (Musanada), has announced the commencement of the construction works of the Federal Supreme Court building in Abu Dhabi as per the agreed plans. This forms part of the company’s efforts to achieve of the objectives of Abu Dhabi Plan, enhancing the effectiveness and efficiency of the litigation process, and ensuring ...

ABU DHABI / WAM The third annual Breakbulk Middle East conference opens on Tuesday, at the Abu Dhabi National Exhibition Centre (ADNEC), bringing together the foremost experts in the industry, along with shippers, carriers, freight forwarders, transport specialists and related service providers. The two-day conference is organised by the Federal Transport Authority – Land and Maritime, in partnership with ITE ...